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Software-as-a-service spending now accounts for 14.1% of a typical company's expense line, up from 12.7% last year, according to research from Vertice.

In a time of high inflation and tough fundraising conditions, it's essential for business leaders to give their cloud investments the same scrutiny as other overheads like headcount, office, space, and SaaS contracts. Eldar Tuvey, Founder & CEO of Vertice, shares his tips for managing cloud costs with Business Age.

FinancesOnline, a prominent B2B review platform, has awarded Vertice the prestigious Rising Star Award in recognition of our outstanding service offering and cutting-edge product innovation

Finance leaders are almost three times as likely to be concerned about cloud costs than their tech peers, and more than twice as likely to be worried about cloud visibility, a Vertice study found.

Fifty-five per cent of finance and tech leaders admit there is a transparency and knowledge gap that threatens the potential of cloud investments and could hold back innovation.

Unlike anywhere else across our economy, the cost of software has soared. How can businesses ensure they are leveraging the right tools for the job while avoiding hidden, unexpected and rising costs?

Joel Windels, VP of marketing at SaaS management tool Vertice, tells Sifted that while sales and marketing platforms are growing fast, many companies are now also renegotiating contracts with software providers as they try to cut costs.

The current state of affairs paints a concerning picture for SaaS buyers. These would be worrying figures in any economy, but for CFOs attempting to drive growth during an economic downturn, soaring software costs should be ringing alarm bells.

The cost of implementing new HR SaaS software is on the rise as contractor wages increase. HR software prices are going up overall, requiring sharper negotiation skills.

Updates to Vertice's SaaS purchasing platform help businesses map their tech stack and identify under-utilized subscriptions